Previous research has shown that the returns on individual properties and listed property securities are skewed (Young and Gra¤ 1995 and Liu et al. 1992). This claim is investigated in the context of listed UK property companies. In particular, the shape of the conditional distribution of total monthly returns is examined for a group of 20 companies listed continuously since 1970. Also investig...

Numerous works has been done for load balancing of web servers in grid environment. Reason behinds popularity of grid environment is to allow accessing distributed resources which are located at remote locations. For effective utilization, load must be balanced among all resources. Importance of load balancing is discussed by distinguishing the system between without load balancing and with loa...

This paper investigates whether the skewness of firm fundamentals is informative about future firm performance and stock returns. We present two distinct preference-free theoretical models of firm fundamentals, both of which imply a positive relation between the skewness of firm fundamentals and expected stock return. Consistent with this implication, we show empirically that the skewness measu...

The probability distribution of daily Northern Hemisphere streamfunction fluctuations at 500 hPa in winter is skewed at most locations. Large positive anomalies are more likely north of 50N with maximum values of the skewness in the North Pacific and North Atlantic region. In this study we develop two novel methodologies in order to diagnose the underlying circulation structures associated with...